36 Espinoza RdRanchos De TaosNM87557
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Ranchos De Taos at 36 Espinoza Rd, Ranchos De Taos, NM, 87557 priced at $885,000 pairs $5,222/mo rent with $27/mo cash flow after a $4,332/mo payment. Total monthly income equals $5,222/mo, and annual cash flow comes to $325/yr on $291,165 invested. Return on cash invested is 20.17% in year one, and rental yield stands at 7.08% on a $885,000 basis. Equity gained on principal adds $5,711/yr, and 5% annual appreciation accumulates to $244,509 by year five. Five-year ROI measures 103.81% and total cumulative return in cash reaches $302,250. For financing, Ziffy Mortgage’s DSCR program evaluates $5,222/mo property income against a $4,332/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
3.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 87557, Ranchos De Taos, NM area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,887 (65.2%) |
| Renter Occupied HU | 608 (21.0%) |
| Vacant Housing Units | 397 (13.7%) |
| Median Home Value | $489,312 |
| Average Home Value | $570,674 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
129
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Listed by: Lisa Harris • Coldwell Banker Mountain Properties
Mls Name: TCAR
Mls Provider:
Mls ID: #111404
Disclaimer: The data relating to real estate for sale in this web site come in part from the Internet Data exchange ("IDX") program of TCAR MLS, Inc. Real estate listings held by brokers other than Zillow, Inc. are marked with the IDX Logo. All data in this web site is deemed reliable but is not guaranteed.